European startups

European startups

AI-driven lending platform Abound uses bank transaction data to provide lower interest rates and reduce defaults. [ more ]

AI startups are facing financial pressure and struggling to turn profits, particularly in generative AI development. [ more ]

The AI startup bubble is bursting, causing financial struggles and unrealistic investor expectations. [ more ]

Virtual reality (VR) technology offers startups a unique way to engage customers and create lasting impressions through immersive experiences. [ more ]

Physical proximity in coworking spaces enhances knowledge spillovers among diverse startups, emphasizing the importance of geographic location for collaboration. [ more ]

The American Privacy Rights Act (APRA) may protect consumers from data misuse but could disproportionately impact small companies. [ more ]

Midwest venture capital firms are attracting significant funds despite coastal competition. [ more ]

Investor interest in PURE technologies, specifically solar irrigation and cold chain segment, grew significantly last year despite a funding slump in the global off-grid solar sector. [ more ]

Telecommunications drive economic growth and connectivity in the Middle East

AI and autonomous technologies are crucial for business advancement

e& is a leader in digital innovation and connectivity in the region [ more ]

Amazon invests $9bn in Singapore cloud infrastructure; Wayve secures $1bn for AI-powered vehicles; Tesla cuts workforce, unclear impact. [ more ]

Getir exits US, UK, Germany, and Netherlands to focus on Turkey, closing 6000 jobs. [ more ]

The rightward shift in European politics is intensifying, with rising nationalist and populist sentiment impacting traditional center-right parties. [ more ]

Klineo raised €2mn for AI platform connecting patients with cancer clinical trials. [ more ]

The article provides a roundup of NYC Tech News for the week ending 4/27, highlighting recent funding rounds for startups like beehiiv, Nagomi Security, Footprint, and Turnkey. [ more ]

Advances in medtech, quantum breakthroughs, and Dutch chip industry boost highlighted in TNW's weekly tech news round-up. [ more ]

Funding for climate tech startups in Africa is increasing but still needs substantial growth to meet climate goals. [ more ]

The article highlights recent funding details for NYC startups including BAXUS, FindMine, Arbol, and Trovo Health. [ more ]

Building a startup is challenging, but assisting startups is equally tough, as seen in the Techstars and Newchip cases. [ more ]

France's AI sector receives significant investment boost with Holistic's $200mn funding round. [ more ]

Exporting is crucial for business growth, but challenges like IP strategy and global supply chains must be addressed.

Top organizations in Canada offer resources for startups looking to export, including EDC, FITT, and TCS. [ more ]

Kubik raises $1.9 million seed extension for plastic upcycling in Ethiopia, aiming for pan-African growth by licensing their technology. [ more ]

Venture capital funding is increasingly focused on core AI technologies and specific vertical applications rather than general-purpose middleware. [ more ]

2024 showed signs of returning to normal with events like CES and MWC indicating a resurgence in global tech activities. [ more ]

Founders of deep tech startups need specialized resources and support when choosing a location for their businesses. [ more ]

Vinted achieved its first annual profit due to significant growth and expanded market presence. [ more ]

Analyzed largest NYC startup funding rounds in April 2024, highlighting key information like industry, description, round type, and total equity funding raised. [ more ]

Lithuania aims to enhance research in life sciences and biotechnology by retaining local talent, attracting international researchers, and promoting collaboration over competition. [ more ]

Germany's startup scene is thriving despite challenges and setbacks. [ more ]

Supporting second-generation startups from successful fintech alumni with a sector-agnostic approach. [ more ]

The article highlights notable startup funding rounds for the week ending 4/27/24, featuring companies like Perplexity AI, Dripos, and Turnkey, totaling $499.9M in new funding. [ more ]

Renda simplifies order fulfillment in Nigeria and Kenya via an end-to-end solution, securing $1.9 million for expansion and improvement. [ more ]

Startups in NYC like Edia Learning, Bask Health, and Aktivate have recently secured funding for their innovative platforms.

Startups in diverse sectors such as edtech, telehealth, and sports management are attracting investments from venture capitalists.

The NYC startup ecosystem continues to showcase growth and opportunities for new businesses to secure funding and scale their operations. [ more ]

Validate Your Business Idea before launching. [ more ]

Successful marketing for startups involves focusing on a few key initiatives, practical online presence development, and strategic research-based approaches. [ more ]

Innoloft raised €2mn in funding led by Dutch VC Capital Mills for no-code platform.

Capital Mills invests in B2B software companies like Innoloft, offering funding up to €2.5mn.

Innoloft plans to expand user base and accelerate product development with new funding. [ more ]

Embrace Nostalgia and Retro Designs, Augmented Reality Meets Gamification, Leverage Newsletters and Video Content [ more ]

Rising interest rates, VCs, and partners led to the downfall of Fundid's business finance startup. [ more ]

Mercury adds features for business customers, intensifying competition with Brex and Ramp. [ more ]

The TNW Podcast covers European tech news and features interviews with industry experts like Alexandra Balkova. [ more ]

Prepaid cards are popular in Egypt, showing a 14% usage increase in recent years, driven by fintech incentives. [ more ]

Nominations for Startup Battlefield 200 at Disrupt are open until June 10. Selected startups get exclusive benefits and a chance to compete for $100,000. [ more ]

Monocle raised $7.5M in Seed funding led by F2 Capital, Baselayer raised $6.5M in Seed funding, Turbo raised $3.5M, and WATS raised $3.8M. [ more ]

Understanding financial metrics is crucial for startup success in attracting investors and fine-tuning strategies. [ more ]